Food inflation 'could go beyond 10pc before next year'

[TimberWolf]

Food inflation 'could go beyond 10pc before next year' - Telegraph

There is a lot of alarmist talk in that article, but fortunately level-headed Chris Etherington, chief executive of wholesaler P&H, is on hand to calmly say: "I think this could be the beginning of the double-dip recession. This is really scary stuff."

[HairyArsedBloke]

Gideon didn't change the uprating of pensions and benefits to an index that excludes (or at least has a lower sensitivity to) non-core inflation items for no reason.

[AtW]

It's ok.

I am sure it will be more than compensated by price reductions of plazma tellies and in the worst case Gov of BoE will write a letter to the chancellor blaming it all on VAT increase...

[Cliphead]

Oh no!!!!

[Zippy]

So will people inflation decrease by 10 %?

[MrMark]

They've slipped it in, but Wetherspoons no longer do the 2 meals for 1 offer!
They still have fish n chips for 2.99 in the afternoon though - when I'm back on the bench I may have to get used to that as my main meal of the day

[TimberWolf]

Expect to see food items getting smaller if not more expensive. You only get 3 Mars bars for a £1 in the Pound Shop now rather than the 4 you could get a few weeks ago.